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Analyst: HP results spark hope for chipmakers

Posted: 21 Aug 2009  Print Version  Bookmark and Share Subscribe

Keywords: HP Q2 results  software  PC sales  semiconductor 

[Summary of tips] Hewlett-Packard Co.'s net profit fell considerably in Q3, but a financial analyst said the results—including a 2 percent y-on-y increase in PC sales and possibly record inventory lows—bode well for semiconductor suppliers. HP saw its GAAP net profit for the quarter ended July 31 fall 19 percent as a record $1.3 bill......
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